Iron ore daily price update (India and Brazil weigh)
Advertisement

by Chris Becker
Not much of a change on the iron ore complex yesterday, as China gears up for the National Day holiday amid the Hong Kong Occupy situation. Spot drifted down slightly, with 12 month swaps lifting the same, but still below $78USD per ton, while rebar was flat and Dalian futures fell slightly:

Advertisement
Here’s spot in chart form:

The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe